{"id":164901,"date":"2022-10-06T05:37:52","date_gmt":"2022-10-06T05:37:52","guid":{"rendered":"https:\/\/precoinnews.com\/?p=164901"},"modified":"2022-10-06T05:37:52","modified_gmt":"2022-10-06T05:37:52","slug":"eos-price-analysis-bulls-aim-push-to-1-30-or-higher","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/eos-price-analysis-bulls-aim-push-to-1-30-or-higher\/","title":{"rendered":"EOS Price Analysis: Bulls Aim Push To $1.30 or Higher"},"content":{"rendered":"

EOS price is struggling below $1.25 against the US Dollar, similar to bitcoin. The price could start a fresh surge if it clears the $1.20 and $1.22 resistance levels.<\/em><\/p>\n

EOS Price Analysis<\/h2>\n

This past week, EOS price started a fresh decline from the $1.25 zone against the US Dollar. The price traded below the $1.20 and $1.18 levels to enter a bearish zone.<\/p>\n

The price broke the $1.16 support zone and the 55 simple moving average (4-hours). The recent low was formed near $1.15 and the price is now correcting higher. There was a minor increase above the $1.17 level. There was a move above the 23.6% Fib retracement level of the downward move from the $1.382 swing high to $1.1028 low.<\/p>\n

The price is now now trading just above $1.18 and the 55 simple moving average (4-hours). On the upside, an immediate resistance is near the $1.200 level.<\/p>\n

There is also a major contracting triangle forming with resistance near $1.200 on the 4-hours chart of the EOS\/USD pair. The next major resistance is near $1.22, above which it could test $1.24. It near the 50% Fib retracement level of the downward move from the $1.382 swing high to $1.1028 low.<\/p>\n

Any more gains might send the price towards the $1.30 level. On the downside, an immediate support is near the $1.170. The next key support is near the $1.150 level. If there is a downside break below the $1.150 support, the price could test the $1.10 support.<\/p>\n

<\/p>\n

EOS<\/p>\n

Looking at the chart, EOS price is now trading just above the $1.18 level and the 55 simple moving average (4-hours). Overall, the price could start a fresh increase if it clears the $1.20 and $1.22 resistance levels.<\/p>\n

Technical indicators<\/h2>\n

4-hours MACD \u2013 The MACD for EOS\/USD is gaining pace in the bullish zone.<\/p>\n

4-hours RSI (Relative Strength Index) \u2013 The RSI is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $1.170 and $1.110.<\/p>\n

Major Resistance Levels \u2013 $1.20 and $1.22.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

EOS price is struggling below $1.25 against<\/p>\n","protected":false},"author":3,"featured_media":164900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nEOS Price Analysis: Bulls Aim Push To $1.30 or Higher - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/eos-price-analysis-bulls-aim-push-to-1-30-or-higher\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EOS Price Analysis: Bulls Aim Push To $1.30 or Higher - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"EOS price is struggling below $1.25 against\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/eos-price-analysis-bulls-aim-push-to-1-30-or-higher\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-06T05:37:52+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/10\/EOS-Price-Analysis-Bulls-Aim-Push-To-1.30-or-Higher.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/eos-price-analysis-bulls-aim-push-to-1-30-or-higher\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/eos-price-analysis-bulls-aim-push-to-1-30-or-higher\/\",\"name\":\"EOS Price Analysis: Bulls Aim Push To $1.30 or Higher - 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